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NextNRG Revenue Exceeds $8mln for First Time, Up 236% YoY.
ByAinvest
Thursday, Aug 7, 2025 8:51 am ET1min read
• NextNRG reports $8.19mln revenue in July, up 236% YoY and 17% MoM. • Revenue crosses $8mln for the first time in company history. • NextNRG achieves 7th consecutive record month. • July revenue drives company closer to profitability timeline. • NextNRG's year-to-date revenue reaches $44.1mln. • NextNRG's full-year 2024 revenue was $27mln. • CEO Michael D. Farkas calls July a "significant milestone".
NextNRG, a renewable energy solutions provider, reported a significant milestone in July 2025, with revenue reaching $8.19 million, up 236% year-over-year (YoY) and 17% month-over-month (MoM). This marked the seventh consecutive record month for the company, which also saw its year-to-date (YTD) revenue reach $44.1 million. Notably, this is the first time in the company's history that revenue has crossed the $8 million threshold. CEO Michael D. Farkas described July as a "significant milestone" for the company, highlighting the progress made towards achieving profitability [1].The company's strong performance in July was driven by robust demand for renewable energy solutions. NextNRG's full-year 2024 revenue was $27 million, indicating a substantial increase in revenue growth. The company's ability to consistently report record months suggests a strong market position and growing customer confidence in its offerings. CEO Farkas' statement underscores the strategic importance of this month's performance, as it brings the company closer to its profitability timeline.
NextNRG's revenue growth in July was fueled by a 17% increase in MoM, which is particularly notable given the company's strong performance in previous months. This consistent growth highlights the company's ability to maintain momentum and adapt to market conditions. The company's focus on renewable energy solutions has positioned it well to capitalize on the growing demand for sustainable energy sources.
The company's financial performance is a testament to its strategic focus on innovation and customer satisfaction. As NextNRG continues to report record months, investors and financial professionals should closely monitor the company's progress towards achieving profitability and its ability to maintain its strong revenue growth trajectory.
References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/OGN/pressreleases/33911625/organon-ogn-fiscal-q2-revenue-beats-1/
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